Description
Do Not disturb tenants or walk the property. Multiple opportunities with this gem. Buy and hold as a triplex or redevelop! Ideal turnkey fully occupied triplex with long-term tenants and high development potential. Located on a dead-end street, nestled in a quiet residential Northgate neighborhood. Tenants pay their portion of utilities. Rents are under market with room to increase. Property offers a private, fully fenced backyard that tenants share. Ample parking with 6 off-street parking spaces, including 1 attached garage space. Unit 1 has new carpet and paint in 2025 with a lease ending August ‘26. Units 2 & 3 are month-to-month with long-term tenants. Attention Developers! Zoned LR2(M)/low-cost area. Large level lot may offer redevelopment potential of 7-10 townhouse units, buyer to verify. Located on a dead-end street in a quiet residential neighborhood behind Northwest Hospital, near buses, shopping and Sound Transit.
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0BEDS
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0.22ACRES
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0BATHS
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01/2 BATHS
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3,100SQFT
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$387$/SQFT
Listing courtesy of Northwest MLS as distributed by MLS GRID. Listing courtesy of Windermere Real Estate GH LLC.
Mortgage Calculator is provided by BoomTown.
Description
Do Not disturb tenants or walk the property. Multiple opportunities with this gem. Buy and hold as a triplex or redevelop! Ideal turnkey fully occupied triplex with long-term tenants and high development potential. Located on a dead-end street, nestled in a quiet residential Northgate neighborhood. Tenants pay their portion of utilities. Rents are under market with room to increase. Property offers a private, fully fenced backyard that tenants share. Ample parking with 6 off-street parking spaces, including 1 attached garage space. Unit 1 has new carpet and paint in 2025 with a lease ending August ‘26. Units 2 & 3 are month-to-month with long-term tenants. Attention Developers! Zoned LR2(M)/low-cost area. Large level lot may offer redevelopment potential of 7-10 townhouse units, buyer to verify. Located on a dead-end street in a quiet residential neighborhood behind Northwest Hospital, near buses, shopping and Sound Transit.
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